2022-05-12T17:13:21-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 25 SUFFOLK COURT HAUPPAUGE NY 11788 990 2020-07-01 111661352 BUCKLEY COUNTRY DAY SCHOOL BUCK 5166271910 2 IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 JOSE ALDEANUEVA CHIEF FINANCIAL OFFICER 5166271910 2022-05-12 1 JOSE ALDEANUEVA XXX-XX-XXXX GARRETT M HIGGINS P00543209 6314349500 2022-05-12 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JEAN-MARC JUHEL 2 IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 16104559 0 X WWW.BUCKLEYCOUNTRYDAY.COM X 1923 NY TO PROVIDE EDUCATION TO STUDENTS FROM GENERAL NURSERY THROUGH 8TH GRADE. 16 14 136 150 0 0 1125125 3629027 14489126 11940422 138844 210492 242777 170621 15995872 15950562 3424157 2454650 0 0 7981033 8255489 0 0 404568 4424383 3388717 15829573 14098856 166299 1851706 24895655 27188654 3316318 4687897 21579337 22500757 X THE SCHOOL'S MISSION IS GROUNDED IN THE BELIEF EXPRESSED BY B. LORD BUCKLEY THAT OPENING THE EYES AND AWAKENING THE MIND IS THE ESSENCE OF EDUCATION. GUIDED BY THAT MISSION FOR ALMOST A CENTURY, BUCKLEY HAS PURPOSELY FOCUSED ON DEVELOPING A RIGOROUS CURRICULUM AND TEACHING SKILLS REQUIRED FOR THE STUDENTS' FUTURE, WHILE REMAINING COMMITTED TO A LIBERAL ARTS EDUCATION DEDICATED TO NURTURING THE WHOLE CHILD AND FOSTERING JOY IN LIFELONG LEARNING. 0 0 11180572 2454650 11940422 BUCKLEY COUNTRY DAY SCHOOL IS A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL SERVING 350 CHILDREN IN GRADES TODDLER THROUGH EIGHT. THE SCHOOL IS DESIGNED AS A RIGOROUS LEARNING INSTITUTION TO PREPARE STUDENTS FOR ENTRY INTO SELECTIVE SECONDARY SCHOOLS.UPPER SCHOOL - PROVIDED A FULL ACADEMIC YEAR TO 130 STUDENTS IN GRADES 5-8 INCLUDING 172 CLASS INSTRUCTION DAYS.LOWER SCHOOL - PROVIDED A FULL ACADEMIC YEAR TO 221 STUDENTS IN EARLY CHILDHOOD AND GRADES K-4 INCLUDING 172 CLASS INSTRUCTION DAYS.SUMMER CAMP - NOT HELD DURING THE SUMMER OF 2020 (FISCAL YEAR ENDED JUNE 30, 2021) DUE TO COVID-19. 11180572 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 13 0 136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X JOSE ALDEANUEVA CFO 5166271910 IU WILLETS ROAD ROSLYN NY 11756 CHRISTOPHER LEE CHAIR 6.00 X X 0 0 0 ROBERT MOORE VICE CHAIR 6.00 X X 0 0 0 HEATHER ALDER SCHOEN VICE CHAIR 6.00 X X 0 0 0 PAUL VAMBUTAS TREASURER 6.00 X X 0 0 0 JOANNA WOO SECRETARY 6.00 X X 0 0 0 ALLISON ANGELILLI MD TRUSTEE 6.00 X 0 0 0 ERRIN HATWOOD PHD TRUSTEE 6.00 X 0 0 0 JASON HEMBREY TRUSTEE 6.00 X 0 0 0 JOHN CRISH TRUSTEE 6.00 X 0 0 0 KEN FABRICANT TRUSTEE 6.00 X 0 0 0 LASHERELLE MORGAN TRUSTEE 6.00 X 0 0 0 MICHAEL FERRUCCI TRUSTEE 6.00 X 0 0 0 REBECCA SHEN TRUSTEE 6.00 X 0 0 0 SERGIO RAMIREZ TRUSTEE 6.00 X 0 0 0 SHALINI MIMANI TRUSTEE 6.00 X 0 0 0 TIMOTHY O'SULLIVAN TRUSTEE 6.00 X 0 0 0 THERESA FOY CFO (THRU JUNE 2021) 40.00 X 243896 0 118199 JEAN-MARC JUHEL HEAD OF SCHOOL 40.00 X 457283 0 168684 ELIZABETH LYONS HEAD OF LOWER SCHOOL 40.00 X 153129 0 11641 COLLEEN FORTUNA DIR., ADMISSIONS AND FIN. AID 40.00 X 131370 0 43228 HILLARY A JANIK FIRST GRADE TEACHER 40.00 X 107387 0 41881 ROGER PERSAUD UPPER SCHOOL SCIENCE TEACHER 40.00 X 134438 0 29045 MAJORIE JEAN-PAUL CHIEF COMMUNITY ENGAGEMENT OFFICER 40.00 X 157879 0 51821 1385382 0 464499 10 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 644825 1 138046 2085306 1405675 63077 3629027 TUITION AND FEES 611710 11890979 11890979 AUXILIARY REVENUE 611710 49443 49443 11940422 133499 133499 200377 123384 76993 76993 76993 151970 138046 30613 121357 121357 8750 0 8750 8750 81 0 81 81 MISCELLANEOUS REVENUE 900099 38383 38383 LATE FEES 900099 2050 2050 40433 15950562 11940422 0 381113 2454650 2454650 862319 436890 425429 5238685 3823548 1152605 262532 256718 187596 56276 12846 1406353 1195804 177614 32935 491414 342939 127497 20978 8813 8813 41200 41200 43730 43730 205537 95053 109418 1066 67149 66763 386 184619 82420 71654 30545 151892 114832 32881 4179 170858 154996 14420 1442 5565 4953 556 56 34763 14911 19852 784705 698387 78471 7847 202169 154292 41892 5985 KITCHEN & HEALTH EXPENS 662933 629787 26517 6629 REPAIRS AND MAINTENANCE 502311 444139 52884 5288 INSTRUCTIONAL EXPENSES 190219 190219 STUDENT ACTIVITIES 47563 47563 84691 40830 32007 11854 14098856 11180572 2513716 404568 2180286 4776574 1299462 1542296 2035375 2376025 134995 69582 4421 353761 176922 21570830 11108355 12558558 10462475 6231746 7773859 101472 6500 24895655 27188654 721356 630130 1067190 2529495 1527772 1528272 3316318 4687897 X 18560529 18441975 3018808 4058782 21579337 22500757 24895655 27188654 X 1851706 1131881 -1750000 -312167 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7105590 261518 1341844 164232 43730 8500990 6982059 148018 23561 10000 38048 7105590 6558973 174650 291442 43006 6982059 6011111 309406 281733 43277 6558973 4909214 607678 530331 36112 6011111 0.91807 0.05529 0.02664 0 0 2646780 2646780 15358542 8759077 6599465 1897491 1396251 501240 1266232 921767 344465 401785 31260 370525 10462475 PAYCHECK PROTECTION PROGRAM LOAN 1528272 1528272 X 13878984 1131881 1131881 12747103 43730 3159729 3203459 15950562 11207564 312167 312167 10895397 43730 3159729 3203459 14098856 PART V, LINE 4: THE PURPOSE OF THE SCHOOL'S ENDOWMENT IS TO SUPPORT THE LONG TERM FINANCIAL STABILITY OF THE ORGANIZATION. PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID INCLUDED ON PART IX, LINE 2 2,454,650. TUITION REMISSION INCLUDED ON PART IX, LINE 9 694,900. PAYROLL INCLUDED ON PART IX, LINE 7 10,179. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF PLEDGE RECEIVABLES 312,167. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID INCLUDED ON PART IX, LINE 2 2,454,650. TUITION REMISSION INCLUDED ON PART IX, LINE 9 694,900. PAYROLL INCLUDED ON PART IX, LINE 7 10,179. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS PUBLICIZED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDING FROM NEW YORK STATE. THE CATEGORIES WHERE FUNDING IS APPLIED FOR AND RECEIVED ARE: MANDATED SERVICES AID, COMPREHENSIVE ATTENDANCE PROGRAM, AND PUPIL ATTENDANCE REPORTING. FALL FAIR 197721 70601 127120 8520 4823 12641 SPRING GALA 92295 67445 24850 851 3778 290016 138046 151970 9371 4823 16419 30613 121357 1 FINANCIAL AID 114 2454650 PART I, LINE 2: BUCKLEY USES SCHOOL AND STUDENT SERVICES (SSS), PROVIDED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, TO PROCESS FINANCIAL AID APPLICATIONS AND HELP DETERMINE NEED. THE SSS PROGRAM PRODUCES TWO REPORTS, BASED ON DIRECT PARENT INPUT, WHICH ARE RELEVANT TO A FINANCIAL AID FILE (1) - THE PERSONAL FINANCIAL STATEMENT (PFS) AND (2) - THE REPORT OF FAMILY CONTRIBUTION (RFP). THE ADMISSIONS OFFICE ALSO INCLUDES TAX RETURNS IN THEIR APPLICANT FILES AS AN ADDITIONAL PIECE OF INFORMATION, BUT THESE TAX RETURNS ARE DESTROYED EVERY YEAR. ADDITIONALLY, THE PROCESS INVOLVES AN INTERNAL DISCUSSION THAT IS DOCUMENTED USING A FINANCIAL AID SHEET. THE SHEET COMPILES SUMMARY INFORMATION ABOUT THE FAMILIES AND PRIOR YEAR GRANTS, AND IT PROVIDES A WAY TO SEE ALL THE GRANT AWARDS ON THE BASIS OF A NUMBER OF FACTORS SUCH AS FAMILY INCOME, SSS OUTCOME WHEN AVAILABLE, PRIOR YEARS, SIBLINGS, PERCENTAGE OF SHARED BURDEN BY THE FAMILY, AND GROWTH RELATIVE TO PRIOR YEARS. IT IS A WORKING DOCUMENT RATHER THAN A REPORT, AND IT ADDS UP TO THE TOTAL GRANT AWARD FOR THE ACADEMIC YEAR. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 JEAN-MARC JUHEL HEAD OF SCHOOL 367283 0 90000 0 0 0 32009 0 136675 0 625967 0 0 0 THERESA FOY CFO (THRU JUNE 2021) 243896 0 0 0 0 0 12195 0 106004 0 362095 0 0 0 MAJORIE JEAN-PAUL CHIEF COMMUNITY ENGAGEMENT OFFICER 157879 0 0 0 0 0 7900 0 43921 0 209700 0 0 0 COLLEEN FORTUNA DIR., ADMISSIONS AND FIN. AID 131370 0 0 0 0 0 6570 0 36658 0 174598 0 0 0 ELIZABETH LYONS HEAD OF LOWER SCHOOL 153129 0 0 0 0 0 11070 0 571 0 164770 0 0 0 ROGER PERSAUD UPPER SCHOOL SCIENCE TEACHER 134438 0 0 0 0 0 9410 0 19635 0 163483 0 0 0 PART I, LINE 1A AS OUTLINED IN THE EMPLOYMENT AGREEMENTS WITH THE SCHOOL, THE HEAD OF SCHOOL AND THE CFO ARE REQUIRED TO RESIDE ON CAMPUS TO MEET THE ONGOING NEEDS OF THE SCHOOL COMMUNITY UNDER SECTION 119. THE SCHOOL PROVIDED THE HEAD OF SCHOOL WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $72,000 AND THE CFO AN ALLOWANCE IN THE AMOUNT OF $48,000 THAT WAS TREATED AS NONTAXABLE COMPENSATION AND SCHEDULE J, PART II, COLUMN D. PART I, LINE 7 JEAN-MARC JUHEL RECEIVED A BOARD APPROVED PERFORMANCE BONUS WHICH WAS TREATED AS TAXABLE COMPENSATION. 98700 FINANCIAL AID TUITION ASSISTANCE X 5 63077 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW, COMMENT AND DISCUSSION WITH THE OUTSIDE ACCOUNTANTS. THEN THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES IS AFFORDED AMPLE TIME TO REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH THE BOARD ANNUALLY MONITORS AND ENFORCES. THE BOARD MANDATES EACH TRUSTEE, OFFICER AND KEY EMPLOYEE (IF ANY) OF THE SCHOOL TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE HEAD OF THE SCHOOL OR AUDIT COMMITTEE CHAIR WHO WILL IN-TURN DISCLOSE SUCH CONFLICT TO THE AUDIT COMMITTEE OR TO THE BOARD INCLUDING DISCLOSURE OF ANY MATERIAL FACTS. AFTER DISCLOSURE OF THE INTEREST AND ALL OTHER MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON IS NOT PRESENT AT ANY POINT WHILE THE DETERMINATION OF CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY REMAINING BOARD OR COMMITTEE MEMBERS. THE AUDIT COMMITTEE OR THE BOARD WILL EVALUATE THE CONFLICT OF INTEREST AND TAKE THE NECESSARY ACTIONS TO SOLVE THE MATTER WHILE PREVENTING OR MINIMIZING ANY RISKS TO THE SCHOOL. THE TRUSTEE, OFFICER OR EMPLOYEE WITH THE ACTUAL OR SUSPECTED CONFLICT OF INTEREST IS PROHIBITED FROM ATTEMPTING TO INFLUENCE IMPROPERLY THE DELIBERATION OR VOTING ON THE MATTER GIVING RISE TO SUCH CONFLICT. THE EXISTENCE AND RESOLUTION OF THE CONFLICT WILL BE DOCUMENTED IN THE SCHOOL'S RECORDS, INCLUDING IN THE MINUTES OF ANY MEETING AT WHICH THE CONFLICT WAS DISCUSSED OR VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS ESTABLISHED BY THE BOARD EXECUTIVE COMMITTEE; COMPRISED OF THE BOARD CHAIR AND SEVERAL OTHER LONG-STANDING BOARD MEMBERS WHO ARE INDEPENDENT OF THE INDIVIDUAL BEING HIRED. IN DETERMINING THIS COMPENSATION, THE COMMITTEE REVIEWS THE INDIVIDUAL'S PROFESSIONAL EXPERIENCE AND PRIOR SALARY HISTORY, AND REFERS TO CURRENT NYSAIS, NAIS, GUIDESTAR AND SIMILAR SALARY INFORMATION, AS A BENCHMARK FOR COMPENSATION FOR SIMILAR POSITIONS. ANNUALLY, THE HEAD OF SCHOOL'S COMPENSATION IS REVIEWED AND BENCHMARKED WITH PEER INSTITUTIONS OPERATING SIMILAR INDEPENDENT SCHOOLS IN THIS REGION. THE BOARD OF TRUSTEES VOTE AND APPROVE THE HEAD OF SCHOOL'S SALARY. OFFICER COMPENSATION: THE COMPENSATION FOR OFFICERS IS DETERMINED BY THE HEAD OF SCHOOL, AFTER REVIEWING THE INDIVIDUAL'S PROFESSIONAL EXPERIENCE, CREDENTIALS AND PRIOR SALARY HISTORY AND APPROVED BY THE BOARD OF TRUSTEES. THE HEAD OF SCHOOL REFERS TO INDUSTRY BENCHMARKING TOOLS TO ASSIST IN ESTABLISHING A SALARY FOR ALL OFFICERS. ANNUALLY, EACH KEY EMPLOYEE PARTICIPATES IN A REVIEW PROCESS WITH THE HEAD OF SCHOOL AND SALARY MODIFICATIONS ARE OUTLINED IN A LETTER OF AGREEMENT. OFFICER SALARIES ARE INCLUDED IN THE SCHOOL'S BUDGET IN DESIGNATED DEPARTMENT LINE ITEMS; INCLUDED WITH OTHER EMPLOYEES WHO ALSO SERVE IN THOSE SPECIFIC DEPARTMENTS. THE COMPENSATION REVIEW PROCESS LAST TOOK PLACE DURING FISCAL YEAR 2021. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, AND FORM 990 ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF OF PLEDGE RECEIVABLE -312,167. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. BUCKLEY COUNTRY DAY CORPORATION 2 IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 113389384 TITLE HOLDING COMPANY NY 501(C)(2) BUCKLEY COUNTRY DAY SCHOOL 1 BUCKLEY COUNTRY CORPORATION 2 IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 113552273 TITLE HOLDING COMPANY NY BUCKLEY COUNTRY DAY SCHOOL C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0